AMZE · AMAZE HOLDINGS, INC.
Amaze Holdings, Inc. engages in end-to-end, creator-powered commerce platform enables creators, brands, and consumers. It operates through e-commerce and subscriptions; and wine products segment. The company's platform streamlines product sales, subscription offerings, and digital content delivery. Its tools also support a diverse range of creators from independent digital entrepreneurs to small businesses by integrating storefront customization, payment processing, merchandising, and performance analytics. In addition, the company sells wines across the United States and Puerto Rico through wholesale and direct-to-consumer channels to mass markets. Further, it offers tools for seamless product creation, advanced e-commerce solutions, and scalable managed services. The company was formerly known as Fresh Vine Wine, Inc. and changed its name to Amaze Holdings, Inc. in March 2025. Amaze Holdings, Inc. was founded in 2019 and is based in Costa Mesa, California.
Cap structure and valuation
| Cap structure | |
|---|---|
| SP | $0.09 |
| SO | 58.8M |
| Options | 0.0M |
| Warrants | 3.1M |
| FD SO | 61.9M |
| MC | $5.7M |
| Cash | $0.8M |
| Total debt | $6.4M |
| EV | $11.3M |
| TTM Multiples | |
|---|---|
| EV / Revenue | 4.7x |
| EV / EBITDA | — |
| MC / Net Income | — |
| EV / FCF | — |
| MC / FCF | — |
| Ownership & coverage | |
|---|---|
| Institutional | 2.7% |
| Insiders | 3.2% |
| # Institutions | 24 |
| Analysts | 2 |
| Consensus | — |
| Avg target | $1.65 |
| Short % float | 5.8% |
| Days to cover | 0.20 |
MC = SP × FD SO. EV = MC + Debt − Cash. SP = previous yfinance close. Balance-sheet figures as of 2026-05-14. Multiples use TTM (sum of last 4 quarters); shown as "—" when the denominator is zero or negative, or when fewer than four quarters are reported — a partial sum is not a trailing twelve months. Ownership & coverage per Yahoo Finance as of 2026-07-13 — institutional % is 13F-based, so it can lag a quarter and exceed 100% on share-count timing. Short interest per FINRA bi-monthly reporting, as of 2026-06-29; the float denominator can be unreliable on tiny floats.
Financial statements
| 3/31/26 | 12/31/25 | 9/30/25 | 6/30/25 | |
|---|---|---|---|---|
| Total Revenue | 0.47 | (0.22) | 1.25 | 0.87 |
| Revenue YoY % | 679.0% | (457.2%) | 1884.3% | 1134.2% |
| Cost of Revenue | 0.04 | 0.17 | 0.08 | 0.08 |
| Gross Profit | 0.43 | — | 1.17 | 0.79 |
| Gross Profit YoY % | 16924.3% | — | 63948.1% | 1903.1% |
| Gross Margin % | 92.4% | — | 93.5% | 90.5% |
| SG&A | 4.53 | 4.17 | 4.77 | 4.88 |
| Operating Expense | 5.74 | — | 5.54 | 5.07 |
| Operating Income | (5.30) | (43.86) | (4.36) | (4.29) |
| Operating Income YoY % | (180.5%) | (5957.2%) | (1312.0%) | (387.3%) |
| Operating Margin % | (1130.4%) | 20191.9% | (347.8%) | (492.7%) |
| EBITDA | (4.26) | (43.85) | (4.36) | (4.28) |
| EBITDA Margin % | (907.9%) | 20190.9% | (347.7%) | (492.5%) |
| Interest Expense | 0.14 | 0.33 | 0.48 | 0.68 |
| Other Income / (Expense) | — | 1.31 | — | — |
| Pretax Income | (5.61) | (42.88) | (5.15) | (5.05) |
| Net Income | (5.61) | (42.88) | (5.15) | (5.05) |
| Net Margin % | (1196.0%) | 19743.5% | (410.4%) | (580.3%) |
| Diluted EPS | -$0.16 | -$3.81 | -$0.85 | -$3.14 |
| Basic EPS | -$0.16 | -$3.81 | -$0.85 | -$3.14 |
| Diluted Avg Shares | 35.8 | — | 6.1 | 1.6 |
| Basic Avg Shares | 35.8 | — | 6.1 | 1.6 |
| LTM | 12/31/25 | 12/31/24 | 12/31/23 | 12/31/22 | |
|---|---|---|---|---|---|
| Total Revenue | 2.38 | 1.97 | 0.30 | 1.83 | 2.86 |
| Revenue YoY % | 20.8% | 557.8% | (83.6%) | (36.1%) | — |
| Cost of Revenue | 0.37 | 0.40 | 0.30 | 4.41 | 2.55 |
| Gross Profit | 2.01 | 1.57 | (0.01) | (2.59) | 0.31 |
| Gross Profit YoY % | 27.8% | 27089.4% | 99.8% | (936.9%) | — |
| Gross Margin % | 84.4% | 79.8% | (1.9%) | (141.6%) | 10.8% |
| SG&A | 18.35 | 15.71 | 3.11 | 6.32 | 11.49 |
| Operating Expense | 59.81 | 55.96 | 3.12 | 8.03 | 15.54 |
| Operating Income | (57.81) | (54.39) | (3.12) | (10.62) | (15.23) |
| Operating Income YoY % | (6.3%) | (1640.6%) | 70.6% | 30.3% | — |
| Operating Margin % | (2432.9%) | (2765.1%) | (1044.9%) | (581.3%) | (532.7%) |
| EBITDA | (56.76) | (51.05) | — | — | — |
| EBITDA Margin % | (2388.8%) | (2595.0%) | — | — | — |
| Interest Expense | 1.64 | 1.74 | 0.16 | — | 0.02 |
| Other Income / (Expense) | 0.75 | 0.97 | 0.76 | — | — |
| Pretax Income | (58.69) | (55.17) | (2.52) | (10.62) | (15.20) |
| Net Income | (58.69) | (55.17) | (2.52) | (10.62) | (15.20) |
| Net Margin % | (2470.0%) | (2804.3%) | (842.3%) | (581.3%) | (531.6%) |
| Diluted EPS | -$7.96 | -$8.18 | -$0.17 | -$0.69 | -$1.21 |
| Basic EPS | -$7.96 | -$8.18 | -$0.17 | -$0.69 | -$1.21 |
| Diluted Avg Shares | 35.8 | 6.8 | 16.1 | 15.3 | 12.6 |
| Basic Avg Shares | 35.8 | 6.8 | 16.1 | 15.3 | 12.6 |
| 3/31/26 | 12/31/25 | 9/30/25 | 6/30/25 | |
|---|---|---|---|---|
| Cash & Equivalents | 0.85 | 2.87 | 0.30 | 0.24 |
| Receivables | — | — | 0.06 | 0.00 |
| Inventory | 0.04 | 0.05 | 0.17 | 0.18 |
| Other Current Assets | 1.21 | 1.47 | 0.76 | 0.89 |
| Total Current Assets | 2.10 | 4.39 | 1.29 | 1.31 |
| Net PPE | 0.00 | 0.00 | — | — |
| Operating Lease ROU | 0.14 | — | — | — |
| Goodwill | 7.57 | 7.57 | 97.17 | 97.61 |
| Intangible Assets | 21.35 | 22.25 | — | — |
| Total Assets | 31.16 | 34.21 | 98.46 | 98.93 |
| Accounts Payable | 7.06 | 6.40 | 7.95 | 9.59 |
| Current Debt | 6.38 | 7.12 | — | — |
| Current Lease Liabilities | 0.07 | — | — | — |
| Other Current Liabilities | 10.76 | 10.92 | 19.33 | 18.72 |
| Total Current Liabilities | 24.27 | 24.44 | 27.28 | 28.30 |
| Long-term Lease Liabilities | 0.08 | — | — | — |
| Total Liabilities | 24.35 | 24.44 | 27.28 | 28.30 |
| Retained Earnings | (90.12) | (84.49) | (41.58) | (36.41) |
| Total Equity | 6.81 | 9.77 | 71.18 | 70.63 |
| LTM | 12/31/25 | 12/31/24 | 12/31/23 | 12/31/22 | |
|---|---|---|---|---|---|
| Cash & Equivalents | 0.85 | 2.87 | 0.16 | 0.24 | 2.08 |
| Receivables | — | — | 0.01 | 0.17 | 0.26 |
| Inventory | 0.04 | 0.05 | 0.21 | 0.34 | 3.70 |
| Other Current Assets | 1.21 | 1.47 | 4.04 | — | 1.87 |
| Total Current Assets | 2.10 | 4.39 | 4.41 | 0.89 | 7.91 |
| Net PPE | 0.00 | 0.00 | — | — | — |
| Operating Lease ROU | 0.14 | — | — | — | — |
| Goodwill | 7.57 | 7.57 | — | — | — |
| Intangible Assets | 21.35 | 22.25 | — | — | — |
| Long-term Investments | — | — | 0.47 | 0.50 | — |
| Other Assets | — | — | — | — | 0.68 |
| Total Assets | 31.16 | 34.21 | 4.41 | 1.39 | 8.59 |
| Accounts Payable | 7.06 | 6.40 | 1.11 | 0.51 | 0.59 |
| Current Debt | 6.38 | 7.12 | 0.43 | — | — |
| Current Lease Liabilities | 0.07 | — | — | — | — |
| Other Current Liabilities | 10.76 | 10.92 | 1.39 | 1.71 | 2.38 |
| Total Current Liabilities | 24.27 | 24.44 | 2.93 | 2.22 | 2.97 |
| Long-term Lease Liabilities | 0.08 | — | — | — | — |
| Total Liabilities | 24.35 | 24.44 | 2.93 | 2.22 | 2.97 |
| Retained Earnings | (90.12) | (84.49) | (29.16) | (26.48) | (15.82) |
| Total Equity | 6.81 | 9.77 | 1.48 | (0.83) | 5.61 |
| 3/31/26 | 12/31/25 | 9/30/25 | 6/30/25 | |
|---|---|---|---|---|
| Net Income | (5.61) | (42.88) | (5.15) | (5.05) |
| D&A | 1.04 | 0.00 | 0.00 | 0.00 |
| Stock-Based Comp | 0.16 | 1.66 | 0.77 | 0.19 |
| Δ Working Cap & Other | 1.29 | 33.48 | (1.50) | 2.32 |
| Operating Cash Flow | (3.12) | (7.74) | (5.87) | (2.54) |
| Investing Cash Flow | (0.14) | (0.38) | 0.00 | 0.00 |
| Stock Issuance | 0.38 | 5.22 | — | — |
| Other Financing | 0.85 | 5.48 | 5.86 | 2.37 |
| Financing Cash Flow | 1.23 | 10.70 | 5.86 | 2.37 |
| LTM | 12/31/25 | 12/31/24 | 12/31/23 | 12/31/22 | |
|---|---|---|---|---|---|
| Net Income | (58.69) | (55.17) | (2.52) | (10.62) | (15.20) |
| D&A | 1.05 | 3.35 | — | — | — |
| Stock-Based Comp | 2.77 | 2.61 | 0.01 | 1.71 | 4.05 |
| Δ Working Cap & Other | 35.59 | 31.68 | 0.58 | 4.10 | (2.38) |
| Operating Cash Flow | (19.27) | (17.52) | (1.93) | (4.81) | (13.53) |
| Acquisitions | — | — | — | (0.40) | — |
| Other Investing | (0.53) | (0.69) | (3.50) | — | — |
| Investing Cash Flow | (0.53) | (0.69) | (3.50) | (0.50) | — |
| Debt Issuance | — | 5.80 | — | — | — |
| Stock Issuance | — | 9.51 | — | — | — |
| Other Financing | 20.17 | 5.62 | 5.25 | 3.57 | — |
| Financing Cash Flow | 20.17 | 20.93 | 5.25 | 3.57 | (0.46) |
| 3/31/26 | 12/31/25 | 9/30/25 | 6/30/25 | |
|---|---|---|---|---|
| Current Ratio | 0.09 | 0.18 | 0.05 | 0.05 |
| Quick Ratio | 0.08 | 0.18 | 0.04 | 0.04 |
| Debt / Equity | 3.57 | 2.50 | 0.38 | 0.40 |
| EBITDA Margin % | (907.9%) | 20190.9% | (347.7%) | (492.5%) |
| Working Capital | (22.17) | (20.05) | (25.99) | (26.99) |
| Net Debt | — | — | — | — |
| ROE % | (82.3%) | (439.0%) | (7.2%) | (7.1%) |
| ROA % | (18.0%) | (125.3%) | (5.2%) | (5.1%) |
| LTM | 12/31/25 | 12/31/24 | 12/31/23 | 12/31/22 | |
|---|---|---|---|---|---|
| Current Ratio | 0.09 | 0.18 | 1.50 | 0.40 | 2.66 |
| Quick Ratio | 0.08 | 0.18 | 1.43 | 0.25 | 1.42 |
| Debt / Equity | 3.57 | 2.50 | 1.98 | -2.67 | 0.53 |
| EBITDA Margin % | (2388.8%) | (2595.0%) | — | — | — |
| Working Capital | (22.17) | (20.05) | 1.48 | (1.33) | 4.94 |
| Net Debt | — | — | — | — | — |
| ROE % | (861.4%) | (564.7%) | (170.3%) | 1279.7% | (270.8%) |
| ROA % | (188.3%) | (161.2%) | (57.1%) | (764.1%) | (177.1%) |
Insider activity (last 2 years)
| Date Filed | Reporter | Relationship | Trans. Date | Code | Shares | Price | Total Value |
|---|---|---|---|---|---|---|---|
| 2026-05-22 | Day Aaron | Director, Officer (Chief Executive Officer) | 2026-05-20 | P | 470,000 | $0.14 | $63,544 |
| 2025-11-26 | Day Aaron | Director, Officer (Chief Executive Officer) | 2025-11-24 | P | 335,440 | $0.30 | $100,598 |
| 2025-06-17 | Day Aaron | Director, Officer (Chief Executive Officer) | 2025-06-13 | C | 239,875 | — | $0 |
| 2025-06-17 | Day Aaron | Director, Officer (Chief Executive Officer) | 2025-06-13 | C | 2,718 | — | $0 |
| 2025-06-17 | Day Aaron | Director, Officer (Chief Executive Officer) | 2025-06-13 | C | (44,137) | — | $-0 |
| 2025-06-17 | Day Aaron | Director, Officer (Chief Executive Officer) | 2025-06-13 | C | (500) | — | $-0 |
| 2025-06-17 | Day Aaron | Director, Officer (Chief Executive Officer) | 2025-03-07 | A | 500 | — | $0 |
| 2025-06-12 | Day Aaron | Director | 2025-06-10 | P | 73,716 | $0.44 | $32,221 |
| 2025-03-24 | Day Aaron | Director | 2025-03-07 | A | 44,137 | — | $0 |